# Kurv ETF Trust - Kurv U.S. Large Cap TaxOptimized ETF (LCTO): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/lcto for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Kurv · Asset class: Equity - Strategy: Passive Index · Inception: 2026-07-06 LCTO seeks to outperform the S&P 500 Index by investing in derivatives, such as options, futures, and swaps, that reference US large-cap ETFs. The strategy provides such exposure with less capital than holding the equities directly. As such, the fund seeks a high level of risk-adjusted after-tax income through fixed-income securities, with the adviser evaluating and actively trading debt securities based on their estimated after-tax income potential. Fixed-income securities primarily include municipal bonds and municipal bond ETFs issued by public or private entities. The fund may also inve... ## Key Facts | Metric | Value | |---|---| | Price | $24.76 | | Expense Ratio | 1.00% | | Assets Under Management | $495,436 | | NAV | $24.77 | | Holdings Count | 0 | | Distribution Yield (TTM) | 0.37% | | Annual Distribution (TTM) | $0.09 /share | | Distribution Frequency | Monthly | | 52-Week Range | $24.08 – $25.72 | | Beta | 0.00 | ## Latest Distribution - Amount: $0.0460 /share - Ex-date: 2026-09-23 - Pay date: 2026-09-24 ## Frequently Asked Questions ### What does LCTO invest in? LCTO seeks to outperform the S&P 500 Index by investing in derivatives, such as options, futures, and swaps, that reference US large-cap ETFs. The strategy provides such exposure with less capital than holding the equities directly. As such, the fund seeks a high level of risk-adjusted after-tax income through fixed-income securities, with the adviser evaluating and actively trading debt securities based on their estimated after-tax income potential. Fixed-income securities primarily include municipal bonds and municipal bond ETFs issued by public or private entities. The fund may also invest in foreign fixed-income securities, with emerging market exposure capped at 10% of total assets. Up to 20% of the debt securities may be rated below investment grade. Holdings may include common stocks. ### What is the expense ratio of LCTO? Kurv ETF Trust - Kurv U.S. Large Cap TaxOptimized ETF (LCTO) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is LCTO? Kurv ETF Trust - Kurv U.S. Large Cap TaxOptimized ETF (LCTO) manages $495,436 in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is LCTO actively managed or an index fund? LCTO is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (LCTO's is 1.00%) because there's no security selection cost. ### When was LCTO launched? Kurv ETF Trust - Kurv U.S. Large Cap TaxOptimized ETF (LCTO) launched in July 2026 and is managed by Kurv. ### How has LCTO performed? LCTO's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does LCTO pay a dividend? Kurv ETF Trust - Kurv U.S. Large Cap TaxOptimized ETF (LCTO) currently distributes little or no income. Trailing-twelve-month yield is 0.37%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does LCTO pay dividends? Kurv ETF Trust - Kurv U.S. Large Cap TaxOptimized ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is LCTO's dividend yield? LCTO's trailing-twelve-month yield is 0.37%, calculated from the sum of dividends over the past year divided by the current price. ### When is LCTO's next ex-dividend date? The most recently announced ex-dividend date for LCTO was 2026-09-23. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will LCTO's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.00% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does LCTO charge its expense ratio? The expense ratio is deducted in tiny daily slices from LCTO's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does LCTO cost more than a fund like VOO? LCTO is a passive index fund (current expense ratio 1.00%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to LCTO? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as LCTO (1.00%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/lcto - Distribution history: https://www.dividenddata.com/funds/lcto/dividend - Holdings & diversification: https://www.dividenddata.com/funds/lcto/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/lcto/expenses - Peer comparison: https://www.dividenddata.com/funds/lcto/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.